Data: A certain address is currently leveraging Compound to go long on ETH, with an unrealized profit of 7.23 million USD

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, the address starting with 0xb82 is leveraging long positions on ETH through Compound, currently realizing a floating profit of 7.23 million USD.

It is reported that from February 9 to February 27, this address deposited ETH into Compound as collateral and borrowed 19.65 million USDT and 5.03 million USDC, subsequently repeating the operation of "depositing stablecoins to the exchange > withdrawing ETH as collateral > continuing to borrow stablecoins," with a health factor of 1.27.

Currently, this address has withdrawn ETH worth approximately 38.08 million USD from Binance, with an average cost of 2638 USD. If the ETH price drops to 2553 USD, this address will face liquidation risk.